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Bullish trend
Looking to long from the valid order block after inducement has been taken out.
Refined the entry by going to the 5m chart.
Let's see what happens..
Scenario 1: Bullish Momentum
- Ongoing uptrend, suggesting the bottom is established.
- Establishes a robust support at $15479.
Scenario 2: Potential Reversal
- Reversal from the current level at $43700.
- Targets an extreme price of interest around $3540.
Scenario 3: Extended Bullish Trend
- Sustained bullish movement towards the internal order block...
Fundamentally one of my favorite crypto's to hold.
Besides the great fundamental aspect of this project the chart shows us a great spot buy opportunity.